Cushman & Wakefield is pleased to present, on behalf of Northcrest Developments, a rare opportunity to acquire a strategic position within YZD, the 370-acre transformation of the former Downsview Airport lands, and North America's largest urban redevelopment project. Located within YZD’s first neighbourhood, the 101-acre mixed-use Hangar District, the approximately 43-acre offering includes Parcels L, M, N, G and H, representing one of the first opportunities to secure employment and institutional development lands within the master-planned YZD community.
The offering includes approximately 1.2 million square feet of permitted employment GFA, anchored by 548,000 square feet of existing adaptive reuse industrial hangar buildings, plus an additional 249,000 square feet of institutional development density (GFA).
Positioned at the geographic centre of the Greater Toronto Area and benefiting from exceptional transit and highway connectivity, the Hangar District represents a unique opportunity for industrial occupiers, advanced manufacturing users, institutional organizations, educational users and long-term investors seeking scale in a supply-constrained urban market.
Northcrest Developments, a wholly owned subsidiary of PSP Investments, is leading the master planning and redevelopment of YZD, the 370-acre former Downsview Airport lands.
Investment Property
Available
Available-Institutional & Employment Designations
123 Garratt Boulevard, North York, ON M3K 1Y5 Canada
Lot Size
1,873,080 SF / 43 Acres
Lot Size
1,873,080 SF / 43 Acres
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- Sale Price:
- Contact us for pricing
- Lot Size:
- 1,873,080 SF / 43 Acres
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